It’s safer to wait for the price to return near support before taking another look than to chase it the moment the news breaks.
Take this current example: if BTC breaks above $83,770, the cumulative short liquidation intensity across major CEXs will reach $1.662 billion.
I’ll watch how the market reacts over the next day or two.
$BTC Currently 79914.01.
#BTC
Take this current example: if BTC breaks above $83,770, the cumulative short liquidation intensity across major CEXs will reach $1.662 billion.
I’ll watch how the market reacts over the next day or two.
$BTC Currently 79914.01.
#BTC
